Travelers Companies (TRV) Share Value Declined While Bank Of Stockton Cut Its Holding; Spinnaker Trust Holds Position in Lockheed Martin (LMT)

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Spinnaker Trust increased its stake in Lockheed Martin Corp (LMT) by 322.37% based on its latest 2018Q3 regulatory filing with the SEC. Spinnaker Trust bought 2,753 shares as the company’s stock declined 7.60% with the market. The institutional investor held 3,607 shares of the military and government and technical company at the end of 2018Q3, valued at $1.25 million, up from 854 at the end of the previous reported quarter. Spinnaker Trust who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $85.54 billion market cap company. The stock increased 0.10% or $0.31 during the last trading session, reaching $304.42. About 958,590 shares traded. Lockheed Martin Corporation (NYSE:LMT) has declined 5.10% since February 14, 2018 and is downtrending. It has underperformed by 5.10% the S&P500. Some Historical LMT News: 20/04/2018 – EXCLUSIVE – JAPAN WANTS NEW STEALTH AIRCRAFT TO USE JAPANESE ENGINES AND RADAR; 05/04/2018 – Correct: Fitch: Lockheed Martin Outlook Revised to Positive From Stable; 20/04/2018 – The Japan Times: Lockheed Martin to offer Japan stealthy hybrid of F-22 and F-35 fighters to upgrade ASDF: sources…; 24/05/2018 – Lockheed Wins $558.3 Million U.S. Navy Contract; 11/04/2018 – Mike Stone: Exclusive: Pentagon stops accepting F-35 jets from Lockheed over repair cost dispute; 07/05/2018 – LOCKHEED MARTIN – WORK UNDER THE CONTRACT WILL BE PERFORMED AT CO’S FACILITIES IN DALLAS AND AT CO’S PRECISION FIRES CENTER OF EXCELLENCE IN ARKANSAS; 26/04/2018 – MATTIS: WORKING WITH LOCKHEED TO CUT PURCHASE, SUPPORT COSTS; 30/04/2018 – LOCKHEED MARTIN OPENS NEW FACILITY TO SUPPORT F-35 PRODUCTION; 17/04/2018 – They are jointly engineered by Lockheed Martin, Stratasys and Phoenix Analysis & Design Technologies; 05/03/2018 – LOCKHEED MARTIN WINS $481 MLN U.S. DEFENSE CONTRACT -PENTAGON

Bank Of Stockton decreased its stake in Travelers Companies Inc (TRV) by 23.24% based on its latest 2018Q3 regulatory filing with the SEC. Bank Of Stockton sold 2,735 shares as the company’s stock declined 3.61% with the market. The institutional investor held 9,034 shares of the finance company at the end of 2018Q3, valued at $1.17M, down from 11,769 at the end of the previous reported quarter. Bank Of Stockton who had been investing in Travelers Companies Inc for a number of months, seems to be less bullish one the $33.75B market cap company. The stock increased 0.61% or $0.78 during the last trading session, reaching $128.04. About 1.35 million shares traded. The Travelers Companies, Inc. (NYSE:TRV) has declined 8.35% since February 14, 2018 and is downtrending. It has underperformed by 8.35% the S&P500. Some Historical TRV News: 12/04/2018 – Study: Pycnogenol® Reduces Leg Swelling and Jet Lag for Travelers; 24/04/2018 – Travelers’ Profit Gets Lift From Premiums, Investments; 30/04/2018 – Certify Report: Lyft Use by Business Travelers Nearly Doubles Year-Over-Year; 30/04/2018 – Travelers Institute Addresses Small Business Challenges During Small Business – Big Opportunity® Event in Irvine, California; 13/04/2018 – Hometown Source: Travelers find `nice’ isn’t exclusive to Minnesota; 24/05/2018 – Hilton Garden Inn Asks Foodies, Fans and Travelers to Vote for New Additions to Its Dining Menu; 13/03/2018 – OLD MUTUAL PLC OML.L – MANAGED SEPARATION REMAINS ON TRACK FOR MATERIAL COMPLETION BY END OF 2018; 24/04/2018 – Travelers 1Q Catastrophe Loss Net Of Reinsurance Pretax $354M; 24/04/2018 – Travelers Reports First Quarter Net Income and Core Income per Diluted Share of $2.42 and $2.46, Respectively, Up 12% and 14%,; 23/04/2018 – Travelers Canada Poll Identifies Causes of Distracted Driving

Bank Of Stockton, which manages about $197.71M US Long portfolio, upped its stake in Ishares: S&P Smallcap 600 Index (IJR) by 8,764 shares to 252,604 shares, valued at $22.04 million in 2018Q3, according to the filing. It also increased its holding in Spdr Barclay’s Capital Converti (CWB) by 10,460 shares in the quarter, for a total of 25,280 shares, and has risen its stake in Boeing Co (NYSE:BA).

Among 18 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 2 Sell and 10 Hold. Therefore 33% are positive. Travelers had 71 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, January 24, the company rating was maintained by Credit Suisse. The firm has “Neutral” rating given on Wednesday, October 21 by Citigroup. The firm has “Buy” rating by Argus Research given on Thursday, April 26. RBC Capital Markets maintained it with “Outperform” rating and $120.0 target in Wednesday, October 21 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, February 20 report. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Neutral” rating by UBS on Tuesday, September 19. The rating was downgraded by Argus Research to “Hold” on Wednesday, April 27. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Neutral” rating by Goldman Sachs on Tuesday, April 26. Keefe Bruyette & Woods maintained The Travelers Companies, Inc. (NYSE:TRV) rating on Wednesday, September 20. Keefe Bruyette & Woods has “Hold” rating and $125.0 target. Morgan Stanley maintained the stock with “Underweight” rating in Friday, October 20 report.

More notable recent The Travelers Companies, Inc. (NYSE:TRV) news were published by: Seekingalpha.com which released: “Travelers: Unfavorable Trends, Still Undervalued – Seeking Alpha” on January 31, 2019, also Benzinga.com with their article: “10 Stocks To Watch For January 22, 2019 – Benzinga” published on January 22, 2019, Seekingalpha.com published: “Travelers: Great Results Despite Earnings Miss – Seeking Alpha” on January 24, 2019. More interesting news about The Travelers Companies, Inc. (NYSE:TRV) were released by: Streetinsider.com and their article: “Travelers (TRV) Europe Announces Approval for Dublin Subsidiary Ahead of Brexit – StreetInsider.com” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “Travelers’ Q4 2018 Earnings Review – Seeking Alpha” with publication date: January 30, 2019.

Investors sentiment increased to 1.17 in Q3 2018. Its up 0.12, from 1.05 in 2018Q2. It is positive, as 40 investors sold LMT shares while 373 reduced holdings. 122 funds opened positions while 362 raised stakes. 214.43 million shares or 0.52% less from 215.56 million shares in 2018Q2 were reported. Salem Invest Counselors Incorporated invested 0.02% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Stewart & Patten Co Limited Liability has invested 0.05% in Lockheed Martin Corporation (NYSE:LMT). Whittier Trust Company accumulated 9,887 shares. Synovus Financial reported 68,488 shares or 0.37% of all its holdings. Bankshares owns 285,982 shares or 1.18% of their US portfolio. Capstone Advisors Limited Liability Corporation accumulated 3,944 shares or 0.02% of the stock. Manufacturers Life Insur The, a Ontario – Canada-based fund reported 262,251 shares. Alpha Windward Llc accumulated 0.19% or 934 shares. Fincl Consulate Incorporated stated it has 3,044 shares or 0.6% of all its holdings. The France-based Exane Derivatives has invested 0% in Lockheed Martin Corporation (NYSE:LMT). Veritable LP holds 0.07% or 10,204 shares in its portfolio. First Fin In reported 775 shares or 0.18% of all its holdings. Ruggie Capital Grp has 0.05% invested in Lockheed Martin Corporation (NYSE:LMT) for 204 shares. Excalibur Mgmt Corp stated it has 1,176 shares. Dubuque National Bank & Trust & Com accumulated 326 shares.

Since November 7, 2018, it had 0 insider buys, and 3 selling transactions for $7.76 million activity. 7,690 shares were sold by Evans Michele A, worth $2.30M on Thursday, February 7. Ambrose Richard F had sold 6,647 shares worth $2.00M on Wednesday, February 6.

Spinnaker Trust, which manages about $1.01B US Long portfolio, decreased its stake in Consumer Discretionary Select S (XLY) by 11,511 shares to 216,244 shares, valued at $25.35 million in 2018Q3, according to the filing. It also reduced its holding in Technology Select Sector Spdr (XLK) by 49,445 shares in the quarter, leaving it with 869,033 shares, and cut its stake in Ishares Short Maturity Bond.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart